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  2. American Community Bank (NY)

American Community Bank (NY)


Overview / Commentary
www.acbalways.com
516-609-2900
300 Glen Street
Glen Cove, NY 11542

American Community Bank (NY) is headquartered in Glen Cove and is the 103rd largest bank in the state of New York. It is also the 2,782nd largest bank in the nation. It was established in 2000 and as of March of 2021, it had grown to 37 employees at 5 locations. American Community Bank (NY) has an A+ health rating.

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Health
A+

Data as of Q1 2021

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Health Grade Components

Overall
FDIC Certificate #35033
Year Established2000
Employees37
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.65%
Return on Equity - YTD13.48%
Annual Interest Income$2.4MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$246.4MM$217.0MM
LoansQ1 2021vs Q1 2020$195.8MM$173.7MM
DepositsQ1 2021vs Q1 2020$206.8MM$180.2MM
Equity CapitalQ1 2021vs Q1 2020$29.9MM$27.7MM
Loan Loss AllowanceQ1 2021vs Q1 2020$2.3MM$1.9MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$1.4MM$0
Real Estate OwnedQ1 2021vs Q1 2020$0$0
Rates

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Locations


American Community Bank (NY) Locations
Commack Branch100 Commack RoadCommack, NY 11725
East Northport Branch1968 Jericho TurnpikeEast Northport, NY 11731
American Community Bank300 Glen StreetGlen Cove, NY 11542
Mineola Branch285 Jericho TurnpikeMineola, NY 11501
Hillside Avenue Branch Office799 Hillside AvenueNew Hyde Park, NY 11040

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